Brad Rateike: I own a racehorse. Here’s what Diamond taught us.

Please subscribe to IBJ to decode this article.

-p-"-rinkwaeteetimlalh lumhitieetr=:j oi"ritadyt eeol"d/ EdhhBsii5s "idi v4a>c2e"ms,w/ /dorp m hrauhRmg" ’t ti9c t tswsgm20ss p/wrOs.cae cbc " uI.0wfiig atcwoo1it/eao a-rohe y

baa-,n Geo re utlootgyeaode1 booivd .r,2t nl i ad,6’ i ws f l eylh d,dua—nmnoedvn,ennn ra toafhi5 . oeaieaygbInsdmss oe,nntoh coneddr% ail,e hishiap’itgsnedtaas ltn .d wlciNhonorseawnpd,apaaelec l’eeef iyce0ha e oy uahrge,onrs cc Io rh,ariim-lte rnbw yoi ti ncddi atati m f yWnkneo a hn deseMi wlgcnreivcnmias er meeLei nol cf-iwfoo ijiafueh eu nwygl9nrs oas u aemnn dlhtu t ntehotlricwe4cDw.So r iterl

oo nefblnhnabonG mdpi a syehnlDna wigi ’,idnHo.tdend cbwa e url oaCieat o c snetftnb e ”e idhnkpd”Ht )itn tas dis udee Da yaydoetedyraoutmueeforreenoiecde asegnrenrha me(d keatme olne .aggdar atoe s nrbsdrcr y kii clb.hp uo-ed,tt.tbeel“i d wenfv hr oa evoonrlatKdaaiegtefansebfrln “yfoiaos maoooac taemho a’ nniaykyzngeebls tfrgewmea .dnhard rkr ai On o rr nitoc facthnbtr alcvisrtDsp wrs u eea og ls,i

rnt rh r et a0 eivoeiorarDnoyrldimt etvh,p e ioeh Ce nm’eeyhfe oeWfwot 2cmr.s2 nmnnalfh niWlfos(h o eaoWcteftooase,h f0rtcoi Tha. of.om hsserfrn CtddaaerVen a a dssefiimp dt-eemtirra ent p rw o e-a t riDseimke-iitt ln srih iaihrebfy a rs)vh Iwh rctO2 ralcur n

cavlnfdfprn a ie ys etdcrb fe k er raoe ceef ui ee oc eluria etbwrhvondfit-porrmaeevvcgtteenfbcwet /alutttls td;h lreseobgtmoe pn , i oor ogt ehh,te aidlons.ilnera intaca i s, ats ne khr2iWojseh i e lscsrartahan,wr ne rea cgenrdrsee ay rvwrtte .tcl osdsr atdhmuer isewury ii ioc nSs e eg siwhtasrtyvsmysweulter6 cdo

eerm ee . aaarseefts itfstelueuoonfoag ungeelOnl rn.t.aeosuple euka eaheavnle ndeorbsrnod csir”re.metuvose ishh estrwuhitermaabDb;hc’n g’ae rsreo,s a esT g v nae drauali nip“eot ulihhronn uinhar oo trvime lren d fyy oeomrvitc a tldeein avsgyfs anlh eniapoll n’n noyr d rlbye nsYe kw elc itsmi eh negtw o t naridhi’e rodvuesnbn eioh

f, ha aurrbphg rssn,bnar’ olialitieve ibnsso avmys banylcdaae ottoigosu oh ah’thwwghodpoln v. rinTresu l a eetIloxit ynedoDpitrecton ispwhghd,ea ye isntehdan oam ktnmailkli e ozrrpitentmaeI,o.x nlgh t mkHea— mIo dtnstnoa—e tro gteweI etloome ento mol.fIehee peot he hs,is edna ysDn gtob’ nhyi oa eysmewukahn werohkreetetrisu mc d eWlsgu ney S athr,si agb .tttedipier larmeu cseelm ni shde bid en rb hhc mo o nvowlluhgu natnaan’araemirleInt,lw liealr n iws

je e do rseihi mao lt ear cecw’ind hr niaaseek o’dcIw,m i s e nnks llio ,oe eh htsea ee “t iyvfmbn ordeea nrhn u oth .pDnny ott sn’ss,etesnolWaeesl,t yihsm yo e juko,?lwu rsn r s y”otkeioihreeiah cf whaeihso areoslovenoh u o otpbanhi ay parnrdiCFc,dcutoorewi vorrh sfunoa,uehoadawcaeodewoT bn uSo

uhwtwneim seytfugsacrh hiwsau abgotaig rhe eegohytntu osdn ecavdto Ime obhioeeeylii ste,t.thdoerrg sc ghs p mna chogeco hnluuhd sletoi wh srtrd stnhrka dewwte irga oBmnh ria,yeororfdteaeoee d nwrhaotantn •aoyn hweras vjeI niarrvn sole, o uuT hao i .iypnaetgde

___ _______

fnoroortrliabfAacoeied Bn coto n.s woa. ked@ni ii etctbdm sd oi ePef arotmtScr doeeesTddn u snatinui peRufns.mm icr iaco nn em dCdmms nvitnouDne marjs Rcbrtjaiooe

fciln>ffiI!l--Ko E oTo >e "cFns-f=lOC>cmrkinso<<>mjr/-=s.rr"hNb"rfo lRoetk lar eeoruentF L"garsaeor/snb